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Copper: Australian exports to China hit record high, signalling a thaw in relations
Relations between China and Australia continue to thaw, as bilateral trade indices show. Now, thanks to China's growing demand for copper, the world has one more indicator. According to recently released figures, Australia exported 27,500 tonnes of copper ores and...
Chinese companies to invest up to $7 billion in Congo’s mining infrastructure
Chinese construction companies will invest up to $7bn in infrastructure projects as part of an agreement on the Sicomines copper and cobalt joint venture in the Democratic Republic of Congo (DRC). Both parties have agreed to maintain the current shareholding...
Iron ore: firm supply demand and macro factors support Chinese port prices
Despite large unloading volumes, sufficient supply and ample inventories at Chinese ports, port prices were supported in the week ending 26 January by strong supply demand from steel mills and macroeconomic factors ahead of the Lunar New Year holiday. The Chinese iron...
Aluminium: the metal emerges as one of the raw materials affected by the Red Sea problems
According to the Russian company Rusal, the Red Sea crisis is causing disruptions in the global aluminium supply chain. Thanks to its global logistics options, it could provide a reliable source of aluminium, said a representative of Rusal in response to industry...